US Equities have been in a long term uptrend since Trump was elected back in Nov. 2016. The Dow saw new record highs during this period. The uptrend is still intact based on the TL bounces and we currently find ourselves at the record high area set back in the beginning of March. USD fundamentals will have a big impact on this trend whether it can continue or it shifts and starts to create Lower Highs after rejecting this record high. Not speculating on the data released for NFP and FED rate decision we don't seem to be rejecting this price at the moment.. simply just accumulating contracts as sellers having shown themselves yet.
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